Magyar Bancorp, Inc. Announces Quarterly Cash Dividend

The following excerpt is from the company's SEC filing.
27, 2022
; Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03,
payable November 23, 2022 to shareholders of record on November 10, 2022.
About Magyar Bancorp
Magyar Bancorp is the parent company of Magyar
Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New
Jersey since 1922 with a complete line of financial products and services. Today, Magyar operates seven branch locations in New Brunswick,
North Br unswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at
Contact: John Reissner, 732.214.2083

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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